| SB 0258 | Modifies transportation development district law as it relates to special assessments |
| Sponsor: | Steelman | |||
| LR Number: | 1023S.01I | Fiscal Note: | 1023-01 | |
| Committee: | Transportation | |||
| Last Action: | 01/23/03 - Second Read and Referred S Transportation Committee | Journal page: | S128 | |
| Title: | ||||
| Effective Date: | August 28, 2003 | |||
SB 258 - This act modifies the law regarding transportation
development districts. Under this act, special assessments
against property owners within a transportation development
district shall constitute a lien and shall be enforceable in the
same manner as a real estate tax lien. A default in the payment
of one annual special assessment payment shall not accelerate the
due date of subsequent annual special assessment payments. Under
this act, no suit to set aside or contest special assessments may
be brought more than 90 days after the initial notice of the
assessment.
STEPHEN WITTE